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I've always felt that the biggest Steem stakeholders often conduct themselves in ways that reflect very poorly on the Steem community as a whole. Giving them more downvoting and destructive power was bound to end badly.
The "I can do whatever I want with my stake" power-play mentality should be replaced with a "I will use my stake to nurture and support the community, especially newcomers and smaller accounts with original content".
Some whales have been supportive since Steem inception since 2016, but in-fighting has always been way too prominent on this platform. I hope this improves, but until then personally I'm pretty passive here.
RE: STEEM: The Disproportionate Power Balance with Downvotes